August 19, 2005POS VISA/MasterCard Approved Pin PadHypercom Corporation (NYSE: HYC) announced today the immediate availability of the new P1300 PIN Pad, the first handheld PIN entry device to meet the rigorous new PCI (Payment Card Industry) security standards established by Visa International and MasterCard International to protect consumers at the point-of-sale.
�The P1300 enables merchants worldwide to offer the highest payment protection and safety to customers when they key in their PIN numbers at the point-of-transaction,� said Guilherme Blumenthal, Executive Vice President, Sales & Operations, Hypercom Corporation. �It delivers low-cost, reliable PIN entry for consumers using debit cards, Electronic Benefit Transfer (EBT) and other PIN-based forms of payment while meeting the newest requirements to safeguard sensitive data.� Key features of the P1300 include: "As the first handheld PIN device to earn PCI certification, the P1300 demonstrates Hypercom's commitment to delivering innovative, business-driven and high security payment technologies to the retail community," said Roger Swales, Senior Vice President, Global Acceptance and Operations, Visa International. "The deployment and use of PCI certified devices benefits retailers and consumers worldwide by reducing the likelihood of fraud at the point-of-sale." P1300 About Hypercom (www.hypercom.com) Widely recognized as the global payment technology innovator, Hypercom delivers complete card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits. Hypercom�s card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries. The company is headquartered in Phoenix, Arizona. When granted, Visa approval is provided by Visa to ensure certain security and operational characteristics important to Visa�s systems as a whole, but Visa approval does not under any circumstances include any endorsement or warranty regarding the functionality, quality or performance of any particular product or service. Visa does not warrant any products or services provided by third parties. Visa approval does not under any circumstances include or imply any product warranties from Visa, including without limitation, any implied warranties of merchantability, fitness for purposes, or non-infringement, all of which are expressly disclaimed by Visa. All rights and remedies regarding products and services which have received Visa approval shall be provided by the party providing such products or services and not by Visa. Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product performance, product sales, revenues and profits. These forward-looking statements are based on management�s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include, industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; the performance of suppliers and subcontractors; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission , including the Company's most recent 10-K and subsequent 10-Qs. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP :: Hypercom Corporation :: Newsroom |
The compact, low-cost device easily integrates with all Hypercom card payment terminals and leading electronic cash register systems, allowing retailers to quickly take advantage of the increase in PIN-based card transactions.